UBQ is not looking too great. With a descending triangle forming on the price and a symmetrical traiangle on the RSI which suggest continuation of the trend it does seem UBQ will drop a bit more.
I suspect it might see a one day uptrend to the 20k sats range but if it bounce back down from there we should be looking at 17k with a bottom of 15k which has some nice support.
UBQ is almost back to where it started a year ago.
A shame because it is a pretty decent project. It clearly suffers from 0 marketing which is not the focus of the UBQ team.
THe only thing that might save it from the downtrend is a pump & dump or a new altseason where people FOMO in. Other than that, i see no indicators of this trend reversing.
I suspect it might see a one day uptrend to the 20k sats range but if it bounce back down from there we should be looking at 17k with a bottom of 15k which has some nice support.
UBQ is almost back to where it started a year ago.
A shame because it is a pretty decent project. It clearly suffers from 0 marketing which is not the focus of the UBQ team.
THe only thing that might save it from the downtrend is a pump & dump or a new altseason where people FOMO in. Other than that, i see no indicators of this trend reversing.
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